Casino bonuses are highly valued in the casino industry and are now an integral part of online casinos that every player is expected to be offered. You are guaranteed to have already been exposed to bonus offers both on your computer and on TV. There is an incredible competition between online casinos, which is why the marketing is often very aggressive.
What is a casino bonus?
A casino bonus usually consists of either free money or free spins and is offered to both newly registered and existing players. Among the most generous bonuses is the welcome bonus that new players receive when they register online casino Singapore for the first time. The size of the casino bonuses varies from casino to casino, and they can either be in the form of a fixed amount or be based on a percentage point (usually between 100-300%) that is multiplied by the deposit you made to your gaming account.
What casino bonuses are offered?
There are a variety of bonuses at online casinos. They all have different functions and looks, but what they have in common is that they have been designed by casinos to beat out competitors and attract players to register.
What is the purpose of casino bonuses?
singapore casino games bonuses are a form of bait that online casinos use to encourage players to register, deposit money and continue playing. As the competition is fierce online, casinos need to use bonuses to stand out in the crowd and give players an incentive to choose them. Generous bonus offers are thus more or less necessary for an online casino to be successful.
How can casinos afford to offer bonuses to their customers?
Most online casinos offer conditional bonuses. This means that casino bonuses are rarely completely free, which is why online casinos should not be considered an unconditional gold mine. In fact, the majority of online casinos use a wagering requirement, which determines the amount a player needs to play for in order to pick out winnings when playing with bonuses. The wagering requirement is usually included in the terms and conditions on the casino’s website and is usually between 20-40 times the bonus amount.
Another reason why online casinos can afford to offer their customers bonuses is the fact that the costs of running an online casino business are relatively low. Because online casinos, unlike land-based casinos, avoid the cost of premises, rent, staff and the like, online casinos can put their resources on generous benefits to their customers instead.
Everyone knows about free spins and it is clearly the hottest bonus available. Free spins are, for those who do not know, free spins on a slot. If you have received a sign-up offer of 30 free spins on Starburst, you can spin 30 free spins on that slot. Easy. Free spins as it is also called thus consist of a certain number of free spins on one or more specific slots. This casino bonus can either be deposit free or come with a wagering requirement, and can be offered to players in several different ways. New players are usually offered free spins when they sign up, but it is not uncommon for existing players to claim this bonus as most online casinos usually have regular offers, such as promotions.